Vana Whitepaper Summary + Binance Launchpool Launch Info
Vana (VANA) and Binance Launchpool
Binance has announced Vana (VANA) as the 62nd project on its Launchpool, offering users the opportunity to earn VANA tokens by locking up BNB and $FUSDT.
Release Details
Token Name: Vana (VANA)
Maximum Token Supply: 120,000,000 VANA
Launchpool Rewards: 4,800,000 VANA (4% of maximum supply)
Binance Spot Initial Circulating Supply: 30,084,000 VANA (25.07% of max supply)
Farming Period: From 14/12/2024 at 00:00 UTC to 15/12/2024 at 23:59 UTC.
Supported Pools and Distribution
Lock BNB:
Rewards: 4,080,000 VANA (85%).
Hard Cap per Hour: 8,500 VANA per user.
Lock FDUSD:
Rewards: 720,000 VANA (15%).
Hard Cap per Hour: 1,500 VANA per user.
Binance Listing
Listing Date: 12/16/2024 at 10:00 UTC.
Trading Pairs: VANA/USDT, VANA/BNB, VANA/FDUSD and VANA/TRY.
Participation Rules: Launchpool Terms and completed KYC are required.
⚠️ Please note: Any VANA token offering before the official listing date may be fake. Please perform your own checks to ensure the safety of your funds.
This is an opportunity to participate in an innovative project, exploring the potential of sovereign data in the blockchain ecosystem.
Main Features of #VANA
Data Sovereignty: Users maintain full control over their data on personal servers and trusted execution environments (TEEs).
Data Liquidity Pools (DLPs): Allow data to be pooled and used collectively, rewarding contributors with tokens based on data quality.
Data Economy: System based on the VANA token, which encourages the creation of data markets and distributes benefits equitably.
Practical Applications:
Decentralized training of AI models.
Creating custom data-driven marketplaces and applications
Financial applications, such as futures and derivatives contracts on tokenized data.
